Talk of The Villages Florida - View Single Post - TV real estate might hold value longer than the average
View Single Post
 
Old 06-23-2024, 04:03 PM
Randall55 Randall55 is offline
Veteran member
Join Date: Aug 2023
Posts: 774
Thanks: 328
Thanked 634 Times in 334 Posts
Default

Quote:
Originally Posted by frayedends View Post
The house price of 674 makes sense. It is about 500 square feet larger than my house in Lake Denham. My house with the lot was $501K. So 173K more makes sense for the larger garage and extra square footage. Sale price would be the total price. I don't think the Villages lets you buy the lot separately, but I could be mistaken.

Some pics of my house lot (which is across the same pond as the house we are discussing)...

The Villages Florida

The Villages Florida

The Villages Florida
Is your house a premiere? Some time last year, the Developer eliminated a few designer series homes. These models are now being built as premiere homes. If the seller bought the home when it was built as a designer model, he had dumb luck timing. $980,000 aligns with the cost to build a premiere home today. The buyer is not dumb. Either the original price paid for the home is incorrect or the seller fell into a windfall.